Level 2

Press Centre

See the top stories and tips in UK and international newspapers.

Sharecast - News you can use

  • Friday newspaper round-up: Low paid workers, gender inequality, PayPal, Liberty Global

    Friday 18 May 2018

    (Sharecast News) - A smaller proportion of UK workers are low paid than at any time since the early 1980s, due to above-inflation increases in the government's national living wage. A report by the Resolution Foundation thinktank said the share of employees who were officially classified as low paid - earning less than around £8.50 an hour - had fallen to 18%, the lowest since 1982. - Guardian

  • Thursday newspaper round-up: Rail franchises, customs deal, Capita, buy-to-let

    Thursday 17 May 2018

    (Sharecast News) - Britain will tell Brussels it is prepared to stay tied to the customs union beyond 2021 as ministers remain deadlocked over a future deal with the EU. The Prime Minister's Brexit war Cabinet earlier this week agreed on a new "backstop" as a last resort to avoid a hard Irish border, having rejected earlier proposals from the European Union. - Telegraph

  • Wednesday newspaper round-up: Carillion, Amazon, Thomson Reuters

    Wednesday 16 May 2018

    (Sharecast News) - Carillion collapsed as a result of "recklessness, hubris and greed" among directors who put their own financial rewards ahead of all other concerns, according to an excoriating report into the firm's demise that spreads the blame between board members, the government, accountants and regulators. The company, which managed huge construction projects and provided government services ranging from school meals to prison maintenance and NHS cleaning, slumped into insolvency in January. More than 2,000 people have since been made redundant. - Guardian

  • Tuesday newspaper round-up: RBS, Brexit impasse, East Coast rail, FirstGroup

    Tuesday 15 May 2018

    (Sharecast News) - Officials charged with managing the taxpayer's stake in Royal Bank of Scotland have begun contacting City brokers to gauge interest in a potential share sale, only days after the lender agreed a provisional deal with American prosecutors over the sale of toxic mortgage-backed bonds. UK Government Investments began calling investment banks last week after RBS announced a $4.9 billion settlement on Thursday that cleared what is widely regarded in the City to have been the last hurdle to the state restarting the sale of its 71 per cent holding. - The Times

  • Monday newspaper round-up: High street, Carillion, Crossrail, WPP

    Monday 14 May 2018

    (Sharecast News) - Shoppers are deserting the high street in greater numbers than during the depths of the recession in 2009, creating a brutal climate that is putting thousands more retail jobs at risk. The coming days will be crucial to the future of a handful of household names, including Mothercare and Carpetright, which are trying to persuade investors to make vital cash injections so they can jettison unwanted stores. There is also the spectre of job losses at Poundworld, the struggling discount chain, which is being cut adrift by its American owners. - Guardian

  • Sunday newspaper round-up: Housebuilding, Brexit, CYBG, Rolls-Royce

    Sunday 13 May 2018

    (Sharecast News) - Britain's biggest developers could be told to hand over chunks of their building sites to smaller firms as part of a package of measures being considered to help solve the country's housing crisis. A government-appointed panel is understood to have found that the construction of homes is being slowed down as a result of a high proportion of planning permissions being granted for large sites owned by single developers. - Sunday Telegraph

  • Friday newspaper round-up: Gender gap, high streets, Aviva, oil prices

    Friday 11 May 2018

    (Sharecast News) - Hundreds of companies are being pursued by Britain's equality watchdog after failing to file gender pay gap data on time. This year, for the first time, all companies and public bodies with more than 250 employees were legally obliged to publish the gap between the average amount paid to a man in their business compared with the average for a woman. The data compares men in all roles with women in all roles, rather than those in similar jobs, in a bid to highlight the prevalence of men in high-paid and management roles and to encourage companies to make changes. - Guardian

  • Thursday newspaper round-up: FOBTs, Sky, trade plans, BP

    Thursday 10 May 2018

    (Sharecast News) - A cut to the maximum stake on addictive betting machines to £2 has been delayed after a senior minister led a cabinet revolt against the plans. The Department for Culture, Media and Sport planned to announce the reduction today after winning over sceptics in the Treasury but a source close to the cabinet says Esther McVey, the work and pensions secretary, has strongly objected to the plan. - The Times

  • Wednesday newspaper round-up: Retailers, Facebook, Google, Vodafone

    Wednesday 09 May 2018

    (Sharecast News) - Britain's retailers suffered the sharpest drop in business in more than two decades last month as bad weather, the squeeze on household budgets and the timing of Easter led to a hefty cut in consumer spending. In the latest evidence of the slowdown in the economy since the turn of the year, the latest health check from the British Retail Consortium (BRC) and KPMG found that sales were down by 3.1% in April, the biggest decline since the survey was launched in 1995. - Guardian

  • AstraZeneca offloads Seroquel rights for $538m, gets Lynparza green light

    Tuesday 08 May 2018

    (Sharecast News) - AstraZeneca has agreed a $538m deal to license-out the sale of its Seroquel schizophrenia and bipolar treatment and separately has been boosted by an approval of its Lynparza cancer treatment from European regulators.

  • Tuesday newspaper round-up: Brexit, retail, rail, manufacturers

    Tuesday 08 May 2018

    (Sharecast News) - Theresa May is facing renewed cross-party pressure to accept membership of the European Economic Area (EEA) or risk defeat in the Commons. Peers vote on Tuesday night on a series of amendments as officials work to try to find a deal on May's preferred option of a customs relationship with Europe that is acceptable to Brexiters and remainers in her cabinet, as well as MPs and EU negotiators. - Guardian

  • Friday newspaper round-up: Virgin Media, House of Fraser, Twitter, TSB

    Friday 04 May 2018

    (Sharecast News) - More than 1,500 jobs are at risk after Virgin Media announced plans to shut a Swansea call centre, and as the company behind the fashion brands Jacques Vert and Windsmoor teeters on the edge of collapse. More than 1,000 jobs are on the line at Calvetron. Administrators are expected to be formally appointed at the parent group, Calvetron Style Holdings, on Friday for what will be the second time in a year. - Guardian

  • Thursday newspaper round-up: Customs deal, starter homes, Sainsbury's, Spotify

    Thursday 03 May 2018

    (Sharecast News) - Theresa May has only days to salvage her plan for a customs deal with the EU after a show of defiance by cabinet ministers put her authority in question. The prime minister failed to secure the backing for a "customs partnership" with the EU yesterday despite telling her most senior ministers that it was her favoured option, with new home secretary Sajid Javid coming out against the plan in a crucial intervention that tipped the balance. - The Times

  • Wednesday newspaper round-up: Tax havens, Apple, Ocado, Brexit

    Wednesday 02 May 2018

    (Sharecast News) - Britain's overseas territories will be forced to adopt public registers of company ownership at the end of the decade after the government conceded it would have to support a backbench amendment designed to stem the global flow of "dirty money". Sir Alan Duncan, a Foreign Office minister, told the Commons that ministers recognised "the majority view in this house" and would not oppose an amendment to the sanctions and anti-money laundering bill from Labour's Margaret Hodge and the Conservative MP Andrew Mitchell. - Guardian

  • Tuesday newspaper round-up: TSB, HBOS, Conviviality, Shire

    Tuesday 01 May 2018

    (Sharecast News) - The embattled TSB chief executive is to face intense questioning from MPs as the bank stumbled into its second week of chaos following its catastrophic IT failure. Paul Pester, along with the bank's chair Richard Meddings and a representative from Spanish parent group Sabadell, will be hauled in front of the Treasury committee on Wednesday to explain how TSB's IT systems collapsed more than a week ago, and how they will compensate affected customers. - Guardian

  • Monday newspaper round-up: Russian oligarchs, Hermes, T-Mobile, Sainsburys/Asda

    Monday 30 Apr 2018

    (Sharecast News) - Labour has called on ministers to toughen the scrutiny and regulation of City flotations as a matter of urgency following the controversial $7bn (£5bn) London flotation of En+, a Russian metals group controlled by oligarch Oleg Deripaska. The shadow chancellor, John McDonnell, called on the chancellor, Philip Hammond, to introduce serious measures against oligarchs and consider "tightening initial considerations around listings" after the US said it would introduce economic sanctions against the Russian billionaire. - Guardian

  • Sunday newspaper round-up: UK growth, Sainsbury-Asda, bookies, Capita, Apple

    Sunday 29 Apr 2018

    (Sharecast News) - Traders fear the pound is about to come under further selling pressure amid mounting evidence that the economy is grinding to a halt. An ominous new survey, published today by the CBI, suggests that the first quarter's dismal growth figures are the start of a prolonged economic slowdown rather than a weather-related blip. - Sunday Times

  • Friday newspaper round-up: North/South Korea, Trump, Persimmon, Whitbread

    Friday 27 Apr 2018

    (Sharecast News) - The leaders of North and South Korea have vowed to "write a new chapter" in their peninsula's troubled history at the start of a summit that has raised hopes for a resolution over Pyongyang's nuclear and ballistic missile programmes. On a bright spring morning Kim Jong-un and his South Korean counterpart, Moon Jae-in, reached across a simple concrete slab marking the border between their countries and shook hands for more than 20 seconds. - Guardian

  • Thursday newspaper round-up: Brexit, trade, Unilever, water

    Thursday 26 Apr 2018

    (WebFG News) - David Davis has been accused by Brussels of engaging in "fantasy" politics after he claimed that an EU trade deal could be ready for ratification by March next year. The Brexit secretary told MPs yesterday that the government intended to have a political trade partnership deal in place by October, and that it could be turned into a legal treaty in time for Britain's official EU departure date. - The Times

  • Wednesday newspaper round-up: Brexit, banks, food, Capita, fracking

    Wednesday 25 Apr 2018

    (WebFG News) - The City will maintain access to European markets after Brexit if British regulations are similar enough to its own, the vice-president of the European Commission has said. Valdis Dombrovskis said that UK banks probably could use a system of equivalence to secure EU access after Britain leaves the bloc. However, he warned that Brussels had a "unilateral and discretionary" say over whether regulation would be strong enough. - The Times

More Stories

Top of Page